**Please Note: The information below has not been verified for the 2016 tax year as the latest version of the IRS Pub. 17 has not yet been released by the IRS.**
There are situations in which certain items can be included as home mortgage interest and others cannot.
Per IRS Publication 17 Your Federal Income Tax (For Individuals), page 156:
Mortgage Prepayment Penalty. If you pay off your home mortgage early, you may have to pay a penalty. You can deduct that penalty as home mortgage interest provided the penalty isn't for a specific service performed or cost incurred in connection with your mortgage loan.
To enter home mortgage interest in the TaxAct® program: